Pre-FOMC Minutes Update

1:20 p.m. ET The preference for value over growth stocks is accelerating or widening as yields revere to trade a little higher in front of the FOMC minutes in under an hour. The Fed-sensitive 2-year yield traded up as much as 5 bp and the 10-year  yield is up 1 bp. SP-500 -0.4%, Dow +0.15%,…

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